Wall Street Goes Crypto Wild: $1.34B Ethereum OTC Splurge Signals Institutional FOMO
Big money just placed a billion-dollar bet on ETH—and they didn't even bother with the public markets.
Behind closed doors, whales are swallowing Ethereum whole. OTC desks just cleared $1.34B in private trades while retail traders fight over memecoins. The ultimate 'smart money' flex? Paying zero attention to gas fees.
Traditional finance finally figured out crypto's worst-kept secret: Why buy the rumor when you can monopolize the news? Meanwhile, your pension fund manager still thinks 'HODL' is a typo.
Massive ETH Buys Signal Institutional Strategy
The accumulation rate averaged, with each wallet holding an average of.
This activity strongly suggestsrather than retail purchases, as the funds were sent viainstead of public exchanges, minimizing market impact.
The creation of multiple new ethereum wallets indicates a, enabling,, and.
All three counterparties,,, andare well-establishedknown for strict compliance standards and high-quality institutional services.
What a crazy accumulation!
This mysterious entity created 10 new wallets in the past 8 days and accumulated 312,052 $ETH($1.34B) from #FalconX, #GalaxyDigital, and #BitGo.https://t.co/1Hk0pVMW6s pic.twitter.com/NTUIpS1QLr
— Lookonchain (@lookonchain) August 12, 2025
Bullish Signal for Ethereum
The large-scale accumulation reflectsin Ethereum’sand could be interpreted as a.
If the ETH remains unmoved, it may suggest a, positioning Ethereum as a key asset in a diversified crypto portfolio. Conversely, if transferred to exchanges, the funds could trigger.
The accumulated amount equals about—a position large enough to influenceif mobilized.
Thanks to blockchain transparency, such institutional movements can be tracked in, offering rare insights into theof strategies within the maturing cryptocurrency market.
The post Institutional Demand Surges as $1.34B in Ethereum Acquired OTC appeared first on icobench.com.
